The Lithuanian Leasing Association has reported that the sales of factoring services went up by almost 30 per cent in the first half this year.
Experts predict that the services of trade and turnover capital funding will continue gaining popularity this year to reach aggregate factoring sales of LTL 3.5 billion annually.
In the first half of this year, factoring volume came to LTL 1.475 billion, up from 1.136 billion a year earlier.
Source: Verslo Zinios
